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Kurmangazy block needs $950m investment

Vol 6, PW 22 (15 Jan 03) People & Policy

OVL RECKONS IT will face a bill of $950m if its bid to farm-in is successful. Provisional calculations suggest the exploration phase will cost $40m, including the signature bonus to the Kazakh government and KazMunayGaz, and the appraisal phase another $40m. ...